Cost of Living: Fort Worth, TX vs Minneapolis, MN (2026)

Fort Worth

Texas
97
VS

Minneapolis

Minnesota
102

Fort Worth is 5% cheaper than Minneapolis.

$1,412/mo ↑ 6%
Median Rent
$1,329/mo ↓ 6%
$76,602/yr ↓ 5%
Median Income
$80,269/yr ↑ 5%
$277,300 ↓ 20%
Home Value
$345,600 ↑ 25%
$1,489/mo ↓ 2%
Owner Costs
$1,513/mo ↑ 2%
941,311
Population
426,845

Tax Comparison

0%
Income Tax
9.85%
6.25%
State Sales Tax
6.875%
1.6%
Property Tax
1.11%

Affordability

22.1%
rent-to-income
Affordability
19.9%
rent-to-income

Detailed Comparison

When comparing Fort Worth, TX and Minneapolis, MN, the overall cost of living indices are 97 and 102 respectively (national median = 100). Rent is $83/month cheaper in Minneapolis, saving renters about $996/year.

Median household income is $3,667/year higher in Minneapolis. Home values also differ significantly — the median in Fort Worth is $277,300 compared to $345,600 in Minneapolis.

Texas has no state income tax, giving Fort Worth residents a significant tax advantage over Minnesota's 9.85% rate.

Frequently Asked Questions

Fort Worth vs Minneapolis — common questions

Is Fort Worth or Minneapolis cheaper to live in?
Based on our cost index, Fort Worth is cheaper to live in with an index of 97 compared to 102 (US average = 100).
What is the rent difference between Fort Worth and Minneapolis?
Median rent in Fort Worth is $1,412/month and in Minneapolis it's $1,329/month — a difference of $83/month.
Which city has higher income, Fort Worth or Minneapolis?
Median household income is $76,602 in Fort Worth and $80,269 in Minneapolis. Median household income is $3,667/year higher in Minneapolis.
How do taxes compare between Texas and Minnesota?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax.
Should I move to Fort Worth or Minneapolis?
It depends on your priorities. Fort Worth has a cost index of 97 with median rent of $1,412/mo, while Minneapolis has a cost index of 102 with rent of $1,329/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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